One of the ongoing challenges that sovereign professionals face is the direct relationship between time and money: if you work, you earn; if you don’t work, you don’t earn.
It manifests itself in other ways, too. When you’re busy you can quickly hit an earnings ceiling: there are no more hours to work and you feel like you’re leaving money on the table.
A useful goal, therefore, is to create passive income streams: ways to generate revenue even when you’re on the beach. An obvious example is the successful novelist or recording artist who earns royalties from a popular back-catalogue.
Abdullahi offers four routes to passive income, here.
Photo by Salvador Martin Yeste on Unsplash
